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Debate:Does "free trade" increase wealth rather than simply redistribute it? (view source)
Revision as of 04:37, January 15, 2010
, 04:37, January 15, 2010→Yes: noting interesting changes since my addition in 2007
I'd say "yes." Free trade has increased the world's wealth and prevented excessive inflation in America. This is a core reason why our current high gas prices haven't led to any serious problems - cheap labor from overseas. Then again, job losses, the treatment of workers, and regulations in those other countries is another issue completely. --[[User:RedBlade7|danq]] 21:45, 3 December 2007 (EST)
I'd say "yes." Free trade has increased the world's wealth and prevented excessive inflation in America. This is a core reason why our current high gas prices haven't led to any serious problems - cheap labor from overseas. Then again, job losses, the treatment of workers, and regulations in those other countries is another issue completely. --[[User:RedBlade7|danq]] 21:45, 3 December 2007 (EST)
:Looking through my watchlist, I see that I wrote that last statement in 2007. Power has since shifted to the Democrats, who support increased regulation and thus less free trade (in the textbook definition, not trade agreements which encourage free trade as well as pro-business regulation). In addition, the neoconservative policies of Bush had alienated socialist leaders such as Chavez and several planned trade agreements (such as CAFTA). See what Democrats do to the economy? -[[User:Danq|danq]] 23:37, 14 January 2010 (EST)
"Free trade" as it is always practices (as opposed to theorized) naturally maximizes and isolates wealth amongst an elite few. -JBall
"Free trade" as it is always practices (as opposed to theorized) naturally maximizes and isolates wealth amongst an elite few. -JBall